26th May 2015 07:01
Company Secretariat |
26 May 2015
|
To: | Australian Securities Exchange | cc: | New York Stock Exchange |
London Stock Exchange | JSE Limited | ||
Notification of Change of Interests of
Persons Discharging Managerial Responsibility
(Listing Rules & Disclosure and Transparency Rules of the UK Listing Authority)
Name of entities | BHP Billiton Limited | BHP Billiton Plc |
ABN 49 004 028 077 | REG NO 3196209 |
As part of a dual listed company structure, the Group voluntarily notifies all stock exchanges on which either BHP Billiton Limited or BHP Billiton Plc have primary or secondary listings, all those interests of directors and persons discharging managerial responsibilities of both entities in the securities of both entities (and changes to those interests) which are required to be disclosed under the Listing Rules and Disclosure and Transparency Rules of the United Kingdom Listing Authority and the Group's Securities Dealing document.
We (the entities) advise the following information under the UK Listing Authority Disclosure and Transparency Rule 3.1.4 and as agent for the person discharging managerial responsibilities in accordance with the Group's Securities Dealing document.
Name of person discharging managerial responsibilities | Mr G Healy |
Date of last notice | 22 December 2014 |
Date issuer informed of transaction | 25 May 2015 |
Date and place of transaction | Adjustment of unvested BHP Billiton Awards: 24 May 2015 (not applicable). |
Nature of transaction | Adjustment of unvested BHP Billiton Awards: The adjustment of unvested BHP Billiton Awards on the terms set out in section 11.1 of the Shareholder Circular dated 16 March 2015 to compensate for the dilution in the value of BHP Billiton as a result of the demerger of South32 from BHP Billiton (see Part 3). |
Part 1 - Change of relevant interests in securities
Included in this Part are:
· in the case of a trust, interests in the trust made available by the responsible entity of the trust;
· details of the circumstance giving rise to the relevant interest;
· details and estimated valuation if the consideration is non-cash; and
· changes in the relevant interest of Connected Persons of the director.
Direct or indirect interest
| - |
Nature of indirect interest (including registered holder) | - |
Date of change | - |
No. of securities held prior to change | - |
Class | - |
Number acquired | - |
Number disposed | - |
Value/Consideration | - |
No. of securities held after change | - |
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back | - |
Any additional information | Mr Healy's spouse holds 3,000 ordinary shares in BHP Billiton Limited.
No change to these interests |
Part 2 - Change of interests in contracts other than as described in Part 2
Included in this Part are:
· only details of a contract in relation to which the interest has changed; and
· details and estimated valuation if the consideration is non-cash.
Detail of contract
| -
|
Nature of interest
| -
|
Name of registered holder (if issued securities) | -
|
No. and class of securities to which interest related prior to change | - |
Interest acquired | - |
Interest disposed | - |
Value/Consideration | - |
Interest after change | - |
Part 3 - Change of interests in options or other rights granted by the entities
Included in this Part are only details of options or other rights granted which have changed, save for the total number of securities over which options or other rights are held following this notification.
Date of grant | 24 May 2015
|
Period during which or date on which exercisable
| Consistent with the terms of the unvested BHP Billiton Awards that have been adjusted.
LTIP Performance Shares - August 2018 - August 2019 STIP Deferred Shares - August 2016
|
Total amount paid (if any) for the grant
| -
|
Description of securities involved: class; number
| 16,042 Performance Shares (BHP Billiton Limited) under the LTIP 3,047 Deferred Shares (BHP Billiton Limited) under the STIP
|
Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
| Nil |
Total number of securities over which options or other rights held at the date of this notice
| BHP Billiton Limited:
225,729 - maximum number of Performance Shares (ordinary shares of BHP Billiton Limited) under the LTIP
42,875 - maximum number of Deferred Shares (ordinary shares of BHP Billiton Limited) under the STIP ________
268,604 - Total |
Any additional information
| Adjustment of unvested BHP Billiton Awards: Total number of securities over which options or other rights held at the date of this notice as shown above includes the adjustments to unvested BHP Billiton Awards which were made on the terms set out in section 11.1 of the Shareholder Circular dated 16 March 2015 to compensate for the dilution in the value of BHP Billiton as a result of the demerger of South32 from BHP Billiton. This included adjustments to the number of Shares in BHP Billiton which may be allocated on vesting of Performance Shares held under the LTIP, Deferred Shares held under the STIP, Deferred Shares held under the GIS, Transitional GMC Awards, Deferred Shares held under the GSTIP and Restricted Shares (BHP Billiton Limited) held under the MAP. |
Part 4 - Contact details
Name of authorised officers responsible for making this notification on behalf of the entities
| Rachel Agnew |
Contact details | Rachel Agnew Tel: +61 3 9609 3730 Fax: +61 3 9611 1044 |
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209Registered in Australia Registered in England and Wales
Registered Office: 171 Collins Street Melbourne Victoria 3000 Registered Office: Neathouse Place, London SW1V 1LH UK
Members of the BHP Billiton Group which is headquartered in Australia
Related Shares:
BHP Group